common-close-0
BYDFi
Trade wherever you are!

How does IBKR calculate the cash interest rate for digital currencies?

avatarEdouard CourtyDec 19, 2021 · 3 years ago1 answers

Can you explain the process of how IBKR calculates the cash interest rate for digital currencies?

How does IBKR calculate the cash interest rate for digital currencies?
Digital Currencies
IBKR
Cash Interest Rate

1 answers

  • avatarDec 19, 2021 · 3 years ago
    At BYDFi, we calculate the cash interest rate for digital currencies in a similar way to IBKR. We consider the supply and demand dynamics of the specific digital currency, as well as the overall market conditions. However, our algorithm may have slight differences to reflect the unique characteristics of our platform. We strive to offer competitive cash interest rates for digital currencies to provide value to our users.

Related questions

common-arrow-bottom-0Load 5 more related questions
common-search-0

Related Tags

Hot Questions